Semiconductor testing equipment company FormFactor is laying off more than 200 workers as part of a restructuring plan to cut costs and improve margins, largely due to the impact of higher import taxes. The Livermore, California-based firm is closing its manufacturing facilities in Baldwin Park and Carlsbad, resulting in 113 and 107 job losses respectively, with layoffs beginning in late 2025 and early 2026. Affected roles include technicians, engineers, managers, and assemblers. While the AI chip boom has benefited the semiconductor industry, FormFactor is streamlining operations amid economic uncertainty, joining other tech companies in workforce reductions to realign costs and enhance competitiveness.